SOURCE: Strategic Storage Trust, Inc. (SSTI)

Strategic Storage Trust, Inc. (SSTI)

November 28, 2011 13:27 ET

Strategic Storage Property Management, LLC Hires New President to Oversee All Self-Storage Facilities for Strategic Storage Trust, Inc. in US and Canada

Former Public Storage Executive Joins the Property Management Arm of SSTI

LADERA RANCH, CA--(Marketwire - Nov 28, 2011) - Strategic Storage Property Management, LLC, the property manager for Strategic Storage Trust, Inc. (SSTI), a publicly registered non-traded REIT investing in self-storage properties in the US and Canada, recently announced the addition of Ken Morrison as its new president. Effective November 28, Morrison will oversee SSTI's growing portfolio. He will be based in SSTI's Ladera Ranch corporate headquarters.

"Ken's proven track record of increasing revenue and controlling expenses through hiring, training and retaining strong, cohesive teams will help solidify our goal of delivering the industry's best customer service," said H. Michael Schwartz, SSTI's chairman and CEO. "We are excited to have Ken join the SSTI team."

A native of California, Morrison previously worked for Public Storage for 14 years starting as district manager in 1998 to senior vice president of northeast operations. During his role as senior vice president, he was responsible for overseeing 300 facilities located in 11 states with more than 37 district managers. Within one year, he had effectively achieved his goal of rebuilding Public Storage's northeast division. His other positions at Public Storage included senior vice president/division manager of northwest operations, senior regional vice president of northwest operations, senior regional vice president and district manager.

"SSTI is a fast growing and progressive organization that mirrors my own vision and values," said Morrison. "I am extremely honored to play an important role in the company's development and expansion efforts. What sets SSTI apart is the executive team -- a solid group of real estate veterans who are open to innovative ideas."

Since the launch of SSTI in 2008, SSTI's portfolio of wholly-owned properties has expanded to include 79 properties in 17 states and Canada.

About Strategic Storage Trust, Inc.

Strategic Storage Trust, Inc. (SSTI) is the first and only self-storage REIT in the public non-traded REIT marketplace. SSTI is one of five publicly registered self-storage REITs in the United States and is one of the fastest growing self-storage REITs nationwide. The SSTI management team is comprised of industry veterans with extensive institutional experience in the acquisition and property management of self-storage properties. The REIT's storage facilities are being branded as SmartStop Self Storage throughout the country. Its portfolio includes approximately 52,000 self-storage units and 6.5 million rentable square feet of storage space.

For more information about SSTI, please call 949-429-6600 or visit

To view our properties and locations or to find a nearby storage facility, visit

This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements can generally be identified by our use of forward-looking terminology such as "may," "will," "expect," "intend," "anticipate," "estimate," "believe," "continue," or other similar words. Because such statements include risks, uncertainties and contingencies, actual results may differ materially from the expectations, intentions, beliefs, plans or predictions of the future expressed or implied by such forward-looking statements. These risks, uncertainties and contingencies include, but are not limited to: uncertainties relating to changes in general economic and real estate conditions; uncertainties relating to the implementation of our real estate investment strategy; uncertainties relating to financing availability and capital proceeds; uncertainties relating to the closing of property acquisitions; uncertainties relating to the public offering of our common stock; uncertainties related to the timing and availability of distributions; and other risk factors as outlined in the Company's prospectus, as amended from time to time. This is neither an offer nor a solicitation to purchase securities.

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